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- Do You Risk To Much Money On A Given Trade?
- Seery Futures Accepts Canadian Commodity Accounts
- When Do You Add To Your Winning Trades?
- Talk To Mike Seery With Skype
- Bond Traders Await Fed Statement Tomorrow
- How Much Money Should You Risk On Any Given Trade?
- How Low Are Coffee Prices Headed?
- Will Grain Prices Start To Fall?
- Precious Metals Lower Again--How Low Can Gold Go?
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Orange Juice Futures--- Orange juice futures in New York today rallied slightly after tumbling 3 days in a row up 140 points to settle right around 114.40 near session highs also still right at a fresh four week low.
Cotton Futures--- Cotton futures in the December contract rose 55 points this afternoon in New York to close right around 71.53 reversing some of yesterday’s steep losses, however still stuck in grinding lower bear market in my opinion that will test contract lows of 65.50 in the next coming weeks.
Livestock Futures--- Livestock futures in Chicago this afternoon were mixed with the live cattle up 50 points in the December contract after Tuesdays locked limit down 300 point debacle on waning demand at these historically record high prices currently settling right around 125.22 a pound and is now erased over 700 points in just a matter of two weeks right near two month lows as feeder cattle prices rebounded f
Grain Futures--- The grain market was mixed this afternoon in Chicago with wheat breaking support at 8.60 bushel currently down $.15 at 8.54 hitting a new 13 week low and in my opinion has broken out of a very tight channel and I'm advising all traders to be short the wheat market at this point placing a stop above the most recent high of 9.31 a bushel which happened just over a week ago.
Energy Futures-- The energy futures caught fire once again today especially in the unleaded gasoline due to the fact of the Canadian refinery blowing up which is over 300,000 barrels a day causing unleaded gasoline to rally another 450 points currently in the November contract trading at 291.60 gallon at contract highs pushing heating oil prices higher this afternoon as well for the November contract climbing more than 500 points currently trading at 3.15 in active tr
Precious Metal Futures--- The precious metals this afternoon in New York are skyrocketing with gold leading the charge higher up $27 an ounce trading at 1,778 in the December contract with the bulls coming back into this market after several down sessions showing me that there is strong demand on dips while silver futures for the December contract are soaring up $.81 right near new contract highs at 34.75 an ounce and in my opinion is climbing higher throughout th
Bond Futures-- The bond market sold off slightly today in Chicago while still hovering around all-time highs in the bond futures and all-time lows in the bond yields with the 10 year note yielding 1.64% with the record low just the eyelash away at 1.47% while the five-year note is at 0.69% with the record low of 0.59% which might be broken later in the year.
Currency Futures--- The U.S dollar rebounded today up another 35 points in the December contract currently at 79.95 on a pessimistic view of Europe once again pushing the Euro lower for the 2nd consecutive day down around 66 points at 1.2872 reversing some of the sharp recent gains it had on optimism that Europe is getting significantly better.
Energy Futures--- Gasoline futures exploded literally this afternoon up over 900 points after a blast in a major Canadian refinery that produces over 300,000 barrels a day sending gasoline futures sharply higher, however crude oil futures were down around 1.2% right around 90.50 a barrel on lacklustre demand throughout the world as economies almost are certain to go into recession hitting Europe while the Chinese slowdown seems to be getting worse on a w
Livestock Futures---Livestock futures in Chicago this afternoon were mixed with the live cattle down another 80 points in the December contract after yesterday's locked limit down 300 point debacle on waning demand at these historically record high prices currently settling right around 124.62 a pound and is now erased over 700 points in just a matter of two weeks right near two month lows as feeder cattle prices rebounded from earlier losses to finish up around 90 poin

